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ESG PREDICTIONS REPORT
Looking to 2030: the road ahead for Australian organisations' ESG journey.Download PDF
Read our full ESG predictions report
The rise (and the fall) of the ESG Cowboy
As the lucrative nature of successful sustainable business models become apparent, bad actors will attempt to exploit the ‘wild ESG west’.
Consequences of poor ESG performance
ESG-ruptcy leads to blacklisting and personal liability
Demand for transparent and proven ESG policies and practices will lead to the introduction of mandatory ESG ratings and certification processes, with consistent non-compliances met with severe consequences.
Pricing and positioning
ESG doesn't come for free and it certainly doesn’t grow on trees
ESG products, services and company valuations will reflect the costly nature of ESG compliance and practices.
Digital Twins enable a new ESG reality
There will be broad uptake of Digital Twin technology, enabling organisations to monitor and adjust their business activities in real-time.
The Great ESG Data Boom
An exponential increase in the amount of ESG data will drive accountability and accelerate progress against organisational ESG objectives and the United Nation’s Sustainable Development Goals.
New cracks form in the geopolitical landscape
Defining a global ESG policy will be fraught with danger for transnational corporations as world governments, trade consortiums and political blocks increasingly assert their influence to progress their individual agendas.
You don’t know what you’ve got ‘til it’s gone...
If you break it – you own it. Biodiversity, and the ecological impact of human and economic activities, will be assessed, measured and valued as a new asset class, with all living creatures becoming key stakeholders.
Carbon negative is the new north star
The accelerated path to zero emissions has a new North Star, as organisations shift away from avoidance and offsetting to abatement and removal.
Traceability all the way from A to Z (and back to A again)
ESG priorities will transform supply chains, with sustainable technologies leveraged to verify end-to-end ESG credentials.
Show me the FAIR money
Organisations will lead the charge on the pay gap agenda, with legislation eventually enacted around maximum permissible pay gaps across all employee groups.
Organisation & roles
New roles and remits at the C-suite table
The C-suite will expand to include new ESG-centric leadership teams which will adapt and change rapidly over the coming years, as organisational mindsets shift to embedding an ‘ESG culture’.
Demonstrating social licence will be demanding – it’s an ESG jungle out there
Corporate citizenship has transformed and organisations will be forced to navigate a jungle of regulation, policy, legal action, whistleblowing and institutional activism, as they work to build and maintain consumer trust.